\begin{center} 
\begin{threeparttable} 
\begin{tabular}{llcc}   
 Parameter & Description & \multicolumn{2}{c}{Value} \\ \hline \hline  
   & & &     \\  
  $\beta$ & discount rate &  \multicolumn{2}{c}{   0.996}    \\  
  $\sigma^{\ast}$ & variance log offer &  \multicolumn{2}{c}{   0.307}   \\  
  $\phi$ & mean cost of search (utils) &  \multicolumn{2}{c}{ 586.950}  \\  
  $b$ & value of leisure &  \multicolumn{2}{c}{   0.027}   \\ 
  $\lambda$ & returns to search &  \multicolumn{2}{c}{   0.269}   \\ 
   & &   &   \\  
   &  & Men & Women \\ \hline \hline  
  $\mu^{\ast}$ & mean log offer&    -1.114 &    -1.213 \\  
  $\mu$ & expected log offer &     0.340 &    -0.147 \\  
  $ $ & $\Longrightarrow $implied bias in wages (percent dev.) at graduation &    13.525 &     8.589 \\  
  $\iota$ & risk aversion &     2.119 &     2.241 \\  
  $\gamma$ & learning rate &     0.271 &     0.284 \\  
   & &   &   \\  
 \hline 
\end{tabular} 
\end{threeparttable} 
\end{center} 
